Uttar Pradesh Tourism Policy 2018 Overview
Sector Overview :
Uttar Pradesh, with its rich tapestry of culture, history, and heritage, is making significant strides to strengthen its position as a core attraction for tourists, both domestic and international.
Sector Overview
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- Providing comprehensive financial and policy support to bolster infrastructure development.
- Facilitating a substantial increase in domestic and international tourist footfall.
- Encouraging investments to unlock the potential of Uttar Pradesh’s tourism sector, contributing to economic growth and job creation.
Objectives
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- Become most preferred tourist destination in India by 2023.
- Attract investments with a target of INR 5,000 Crore per year.
- Target to provide employment to approximately 5,00,000 people per year.
- Target to impart training to 10,000 tourism service providers, over the next five years.
- Elevate the standards of public service facilities across the state and provide high quality visitor experience.
- Bundelkhand being developed as major tourism circuit under new tourism policy.
Enablers
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Impressive Footfall : Uttar Pradesh boasts an average annual footfall of 238 million tourists, holding a 14% share in India. It ranks second in domestic tourist visits and third in attracting foreign tourists within India.
Cultural and Heritage Hotspot : Recognized as a premier destination for heritage and cultural tourism, Uttar Pradesh is also emerging as a key site for wellness, MICE (Meetings, Incentives, Conferences and Exhibitions), adventure, and eco-tourism.
Expansion and Development : Seven existing tourism circuits and defined heritage arcs form the backbone of the state's tourism infrastructure, with ten more circuits in development. Iconic festivals such as the Taj Mahotsav, Kumbh Mela, and Holi are major tourist attractions.
Exceptional Policy Support and Objectives : With a vision to become India's most preferred tourist destination by 2023, the policy aims for an investment target of INR 5,000 crore per year, aiming to provide employment to approximately 500,000 people annually.
Investment and Fiscal Incentives
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Investors and technology firms are encouraged to leverage this unique opportunity to be part of Uttar Pradesh's technological renaissance. For detailed insights and to explore investment opportunities, reach out directly to the Project Management Unit under the supervision of the Nodal Agency.
Interest Subsidy : @5% for 5 years upto Rs 25 lacs per annum to all new units.
Stamp Duty exemption : @100% on sale/lease/transfer for the first transaction.
Conversion and Development charges waiver : @ 100% to all tourism units.
- Skill Development Subsidy:
@100% reimbursement of hospitality related course fees for upto Rs 10000 per person.
- Capital Investment Subsidy :
@15% to New Hotels/Resorts upto Rs 10 Cr - @15% to Wellness Centres upto Rs 10 Cr.
- @10% to New Sports resort upto Rs 1 Cr.
- @15% to New Budget Hotels upto Rs 1.5 Cr.
- @20% to New Tented accommodation upto Rs 50 lacs.
- @25% to New heritage properties upto Rs 1.5 Cr.
- Excise License Fee exemption : @100% exemption to Heritage hotels set up in rural areas.
